VeriFIX(R) 5.0 to Support Proprietary Trading Protocols
By Greenline Financial Technologies, PRNEMonday, April 18, 2011
Greenline Brings First Consolidated Testing Solution to Market
CHICAGO, April 19, 2011 - Greenline Financial Technologies, Inc., a leading provider of electronic
trading marketplace solutions, today announced the completion of proprietary
protocol support for VeriFIX, Greenline's flagship product for testing and
simulation. Users can now test and validate their entire trading system end-
to-end through one consolidated testing interface. This new capability
unlocks VeriFIX for development and quality assurance (QA) teams to improve
their time to market, independent of the protocol or venue they are
interfacing with.
"VeriFIX 5.0 fills a big gap in the marketplace for clients looking to
consolidate and further accelerate testing across systems. VeriFIX acts as a
bridge between systems, and validates behavior across all inputs and outputs.
With proprietary protocol support now built into VeriFIX, Greenline clients
can save time and resources on developing internal tools, and leverage the
industry standard in capital markets systems testing," said Josh Tolman,
President of Greenline.
"VeriFIX 5.0 is the only solution in the marketplace that has provided us
with the ability to quickly certify proprietary and FIX protocols sent into
and out of our application. VeriFIX has reduced our development and quality
assurance lifecycle so that we can deliver new functionality and venues
faster to our clients," said Michael Chin, CEO of Mantara, Inc., a key
provider of technology solutions for high-frequency trading and ultra-low
latency direct market access.
"Anyone looking to connect to multiple trading systems which speak FIX or
other proprietary protocols can leverage VeriFIX to simultaneously generate
protocols and validate results. Both FIX and proprietary protocols are
required in today's global trading environment, and need the flexible and
robust testing capabilities offered by VeriFIX to ensure reliability of
system deployments," added Tolman on how clients can best maximize VeriFIX's
proprietary protocol addition.
Greenline currently offers proprietary protocol support for many global
exchanges and trading destinations. Greenline's Professional Services team
also provides a streamlined solution to integrate custom internal protocols
directly into VeriFIX. Visit www.greenlinetech.com for more
information on how to maximize VeriFIX 5.0.
About Greenline
Greenline provides superior FIX and proprietary protocol and electronic
trading technology solutions and services across all asset classes for
leading global financial institutions. Greenline's flagship product suite,
VeriFIX(R), CertiFIX(R), MagniFIX(R), MetriFIX(R) and Latency Monitor,
delivers end-to-end global connectivity solutions for any electronic trading
environment using or migrating to FIX and proprietary protocols. In addition,
its premier Professional Services consultancy can evaluate and improve
clients' business strategy and trading technology operations, leveraging its
expertise across all connectivity and messaging protocols. With global reach
and client experience, Greenline is ideally positioned to meet the demand for
connectivity and related trading technology. Greenline Financial
Technologies, Inc. is a member of FIX Protocol Limited - North Americas, and
is a wholly-owned subsidiary of MarketAxess Technologies, Inc. For more
information, please visit www.greenlinetech.com.
Media Contact Diana Bhaktul Marketing and Communications Greenline Financial Technologies, Inc. Tel: +1-212-813-6354 Email: dbhaktul@greenlinetech.com
.
Tags: April 19, Chicago, Greenline Financial Technologies, Illinois